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Gov’t happy as MPs pass foreclosure bills

President Nikos Christodoulides expressed satisfaction with the passage of a set of bills on foreclosures on Friday, underscoring a commitment to expedite proceedings addressing risks to the country’s economy from non-performing exposures. “I am optimistic that the implementation of prudent policies will fortify our economy and

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Gov’t happy as MPs pass foreclosure bills

President Nikos Christodoulides expressed satisfaction with the passage of a set of bills on foreclosures on Friday, underscoring a commitment to expedite proceedings addressing risks to the country’s economy from non-performing exposures.

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Football powerhouse up for grabs

APOEL Nicosia, the historic football powerhouse in Cyprus, is up for sale, with the club’s owners hiring an international agency to seek

40,000 PlayStation 5s sold daily

Sony’s debut of its latest gaming console, the PlayStation 5, marked a transformative chapter in the gaming landscape, primarily propelled by the

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Low-level civil servants want better pay

The island’s labour stability is under threat as unions representing civil servants are set to decide whether to escalate their campaign for pay raises for 9,000 low-paid state employees. Members of the

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Former CySEC chief takes on system

Massive abuse of system led to thousands of passports being issued illegally   Demetra Kalogerou was the longest serving Chair at the Cyprus Securities and Exchange Commission with a reputation for building

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‘Cyprus Confidential’ brings US agents

A team of 24 U.S. experts, including FBI agents, have arrived in Cyprus to investigate reports implicating the island in sanctions busting by Russian oligarchs, Government spokesperson Konstantinos Letymbiotis confirmed on Monday.

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Don Quixote chasing windmills again

The financial oversight of the public sector in every democratic country is as important as the political oversight itself. That’s because public

Glass doors, low ceilings

It seems that women’s rights are not taken seriously in Cyprus, worst of all by women themselves. The argument about narrowing and

COP28’s acute balancing act

The COP28 climate summit is finally upon us. It kicked off Thursday in Dubai, and over the following 12 days, it is

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Govt, Chevron resolve Aphrodite standoff

Energy Minister George Papanastasiou has confirmed the successful conclusion of negotiations between the Cyprus government and Chevron, the U.S. energy company, regarding

Cypriot receives IMO Gender Equality Award

Cypriot Despina Theodosiou has received the International Maritime Organisation’s (IMO) first Gender Equality Award. According to the Deputy Ministry of Shipping, the decision was taken during the 130th Session of the IMO Council held on Thursday in London. From London, where

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Shipping chamber heralds One-Stop-Centre

The Cyprus Shipping Chamber welcomed Monday’s One-Stop-Shipping-Centre (OSSC) launch at the Shipping Deputy Ministry. It said this initiative is a significant step

One-stop shop for shipping

A one-stop-shop shipping centre at the Deputy Ministry of Shipping will be operating next week, starting with the services of the Department

Limassol record cruise ship visits

DP World Limassol saw record cruise ship calls in October, welcoming 31 cruises and around 48,000 passengers to the island. This was the company’s best-ever monthly performance since

Cypriots happy with EU

The latest Eurobarometer reveals that seven out of ten Cypriots believe that their country has benefited